Movement Alert｜Zhida Tech Falls 5.66% in Regular Trading, Continued Profit-Taking After Prior Charging Robot Rally

Market Focus07-21

On July 21, Zhida Tech (02650.HK) fell 5.66% in regular trading, trading at HK$19.64/share, with turnover of HK$40.265 million.

The decline continues a sustained profit-taking pattern following the stock's sharp rally since late June, driven by charging robot industry chain catalysts. The stock surged over 30% on July 6 and nearly 19% intraday on July 13 after its charging robot manufacturing base officially landed in Ningbo. After the company released its Global Market + Smart Energy + Energy Service Robot 2.0 strategy upgrade on July 16, shares entered a correction channel, with a single-day drop of 19.28% on July 17 and a further 6.26% decline on July 20.

On the same day, the company announced the global launch of an AI Energy + Robot integrated solution targeting Robotaxi, ride-hailing, logistics vehicles, and campus shuttle scenarios. However, the new product announcement failed to reverse selling momentum as investors continued to lock in gains from the prior rally.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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